Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$1.14B |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$810M |
| 3 |
Meta Platforms (Facebook)
META
|
+$715M |
| 4 |
Amazon
AMZN
|
+$641M |
| 5 |
UnitedHealth
UNH
|
+$498M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.98B |
| 2 |
Spotify
SPOT
|
+$1.17B |
| 3 |
Microsoft
MSFT
|
+$856M |
| 4 |
Apollo Global Management
APO
|
+$726M |
| 5 |
Workday
WDAY
|
+$440M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.85% |
| 2 | Financials | 8.25% |
| 3 | Healthcare | 7.07% |
| 4 | Industrials | 5.93% |
| 5 | Consumer Discretionary | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3326
PUT
Ollie's Bargain Outlet
OLLI
$4.51B
| $2.53M | ﹤0.01% |
23,100
+16,900
| +273% | +$1.68M |
|
3327
Matrix Service
MTRX
$336M
| $2.53M | ﹤0.01% |
211,585
-201,438
| -49% | -$2.47M |
|
3328
LendingTree
TREE
$448M
| $2.53M | ﹤0.01% |
65,318
-47,215
| -42% | -$2.26M |
|
3329
LXP Industrial Trust
LXP
$3.56B
| $2.53M | ﹤0.01% |
62,246
-43,061
| -41% | -$2M |
|
3330
Blue Owl Capital
OBDC
$5.46B
| $2.52M | ﹤0.01% |
166,847
-722,316
| -81% | -$10.9M |
|
3331
Saratoga Investment
SAR
$318M
| $2.51M | ﹤0.01% |
105,129
-18,491
| -15% | -$448K |
|
3332
Host Hotels & Resorts
HST
$17.2B
| $2.51M | ﹤0.01% |
+143,483
| New | +$2.58M |
|
3333
Vanguard FTSE Emerging Markets ETF
VWO
$121B
| $2.51M | ﹤0.01% |
57,035
+35,964
| +171% | +$1.67M |
|
3334
NNN REIT
NNN
$9.03B
| $2.51M | ﹤0.01% |
61,460
+133
| +0.2% | +$5.89K |
|
|
MZTI
3335
The Marzetti Company
MZTI
$3.04B
| $2.51M | ﹤0.01% |
14,487
-37,101
| -72% | -$6.79M |
|
3336
CALL
Centene
CNC
$31.5B
| $2.5M | ﹤0.01% |
41,300
+19,700
| +91% | +$1.23M |
|
|
EFXT
3337
Enerflex
EFXT
$2.66B
| $2.5M | ﹤0.01% |
250,786
+230,864
| +1,159% | +$1.85M |
|
3338
Altimmune
ALT
$583M
| $2.49M | ﹤0.01% |
345,637
+241,484
| +232% | +$1.84M |
|
3339
PGIM Ultra Short Bond ETF
PULS
$18.2B
| $2.49M | ﹤0.01% |
50,253
-12,491
| -20% | -$620K |
|
3340
CALL
Jazz Pharmaceuticals
JAZZ
$15.8B
| $2.49M | ﹤0.01% |
20,200
+200
| +1% | +$23.6K |
|
|
WCC
3341
CALL
WESCO International
WCC
$16.7B
| $2.48M | ﹤0.01% |
13,700
-4,300
| -24% | -$813K |
|
3342
Armstrong World Industries
AWI
$7.58B
| $2.48M | ﹤0.01% |
17,521
-111,602
| -86% | -$16.4M |
|
|
BCYC
3343
Bicycle Therapeutics
BCYC
$270M
| $2.47M | ﹤0.01% |
+176,757
| New | +$3.79M |
|
|
HIVE
3344
HIVE Digital Technologies
HIVE
$791M
| $2.47M | ﹤0.01% |
867,235
-273,319
| -24% | -$1.02M |
|
3345
CALL
Agilent Technologies
A
$39.5B
| $2.47M | ﹤0.01% |
18,400
-57,800
| -76% | -$7.92M |
|
3346
Community Trust Bancorp
CTBI
$1.43B
| $2.47M | ﹤0.01% |
46,521
-10,816
| -19% | -$593K |
|
3347
PUT
Saia
SAIA
$9.61B
| $2.46M | ﹤0.01% |
5,400
+1,100
| +26% | +$544K |
|
3348
PUT
Ingersoll Rand
IR
$34.1B
| $2.46M | ﹤0.01% |
27,200
+19,400
| +249% | +$1.93M |
|
|
TWFG
3349
TWFG Inc
TWFG
$356M
| $2.46M | ﹤0.01% |
+79,761
| New | +$2.48M |
|
3350
Ooma
OOMA
$590M
| $2.45M | ﹤0.01% |
174,344
-4,227
| -2% | -$56.4K |
|
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Millennium Management's Q4 2024 Portfolio in Review
As of Q4 2024, Millennium Management held 6,700 positions worth $205B, down 3% from $211B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management withdrew a net $13.8B in Q4 2024, closing 810 positions and reducing 2,557 holdings. Its most notable exit was Southwestern Energy Company, an estimated $340M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.8% of assets, up from 8.6% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Millennium Management opened a new position in NextEra Energy 7.234% Corporate Units worth $5.03M.
- Millennium Management's largest Q4 2024 buy was NextEra Energy 7.234% Corporate Units: 5,500,000 shares worth $5.03M.
- Millennium Management added most to Broadcom in Q4 2024, an estimated $1.14B increase.
- Millennium Management's biggest Q4 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.98B.
- Millennium Management fully exited Southwestern Energy Company in Q4 2024, selling an estimated $340M.
- Millennium Management's ten largest holdings make up 16% of its $205B portfolio in Q4 2024.
- Millennium Management opened 681 new positions and closed 810 in Q4 2024.
- Millennium Management's portfolio value fell 3% quarter-over-quarter to $205B.
Based on Millennium Management's 13F filing for Q4 2024, filed 14 Feb 2025.